
Pivot
(invalidation): 1.2745
Our preference
Short positions below 1.2745 with targets at 1.2700 & 1.2675 in extension.
Alternative scenario
Above 1.2745 look for further upside with 1.2775 & 1.2800 as targets.
Comment
As Long as 1.2745 is resistance, look for choppy price action with a bearish bias.
(By Swissquote TRADING CENTRAL)

![[iVISTscalp5]: TSI — Timing Strength Index [iVISTscalp5]: TSI — Timing Strength Index](https://c.mql5.com/6/1015/splash-preview-772243.png)
![[XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026 [XAUUSD]: Weekly Liquidity Activation Points (LAP), July 6 - July 10, 2026](https://c.mql5.com/6/1015/splash-preview-772241.png)